New Zealand’s Construction Boom and the Paradoxical Busts

There is a lot of talk in New Zealand of the housing and construction boom as compared to fears elsewhere in the world of an imminent recession; but if the grass here is so much greener, one has to wonder why ‘33%’1 of construction companies ‘are intending to cut jobs’2 over the coming months and why firms like Tallwood Holdings and Stanley Group were ‘placed in voluntary liquidation’3 last year – the aforementioned impacting us directly. From our involvement in the construction sector, we’ve also seen a bottleneck on housing … Continue reading New Zealand’s Construction Boom and the Paradoxical Busts